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Deutsche Lufthansa AG (1LHA) Fair Value & Analysis

Industrials · IT · Market cap €12.0B

DL Deutsche Lufthansa AG 1LHA · MI
Price€9.98
Fair Value€15.60
Upside+56.3%
Quality56/100
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Evidence: High Range €11.70 – €19.49

Fair value as of: Jul 3, 2026

From 16 valuation models · updated 2 days ago

Share price +20.6% over the past month.

Price vs Fair Value (12 months)

€9.98 €6.58 Fair Value €15.60 Jul 2025 Jul 2026

12‑month range €6.58 – €9.98 · fair‑value band €11.70 – €19.49 · the €9.98 price screens below the €15.60 fair value. As of Jul 3, 2026.

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Analysis

Deutsche Lufthansa AG (1LHA) currently trades at €9.98, while our model-based Fair Value estimate is €15.60 — implying the stock looks roughly 56.3% undervalued today. We read business quality at 56/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Deutsche Lufthansa AG generated revenue of €40.3B at a net margin of 3.9%. Revenue grew 7.6% year over year. It earns a return on equity of 13.7%. Net debt stands at €9.9B. Fundamentals as of Jul 3, 2026

Our scenario range runs from €11.70 (bear case) to €19.49 (bull case); at €9.98, the current price sits below that range. The share trades about 1% below its 52-week high and 54% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -8% fair-value upside — at 56%, 1LHA screens cheaper than that median.

Key figures & financial health

Revenue (TTM) €40.3B
Revenue growth (YoY) +7.6%
Net margin 3.9%
Return on equity 13.7%
Free cash flow −€438M FY2025
P/E ratio 7.7
More key figures
Operating margin -11.0%
EPS (TTM) €1.30
Dividend yield 3.3%
EPS growth (YoY) -55.8%
Net debt €9.9B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Deutsche Lufthansa AG operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings. The Logistics segment provides airfreight container management, time-critical shipments, and customs clearance services; and digital and modular logistics solutions for cross-border e-commerce solutions. The MRO segment provides maintenance, repair, and overhaul services for civil commercial aircraft serving original equipment manufacturers, aircraft leasing companies, VIP jet operators, government, armed forces, and airlines. It also sells flight tickets and related ancillary services through agents, its own websites, or other airlines; offers vocational and professional …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Deutsche Lufthansa AG reported revenue of €39.6B in FY2025 versus €16.8B in FY2021, a compound +23.9%/yr. Reported net income was €1.3B in FY2025.

Revenue +23.9%/yr
FY21 €16.8B
FY22 €30.9B
FY23 €35.4B
FY24 €37.6B
FY25 €39.6B
Net income
FY21 −€2.2B
FY22 €791M
FY23 €1.7B
FY24 €1.4B
FY25 €1.3B

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Cite: Fair Value Calculator (2026). "Deutsche Lufthansa AG Fair Value". https://www.fairvalue-calculator.com/stock/1LHA

Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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10 more Airlines stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Singapore Airlines Limited SINGY $11.38 $13.80 +21%
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China Southern Airlines Company 600029 ¥5.28 ¥3.65 -31%
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Frequently asked questions

Is Deutsche Lufthansa AG (1LHA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €15.60 versus a price of €9.98 — about +56% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 1LHA?
Our model-based fair value for Deutsche Lufthansa AG is €15.60 (as of Jul 3, 2026), built from audited fundamentals. The current price is €9.98.
What is the quality score of 1LHA?
Deutsche Lufthansa AG has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Deutsche Lufthansa AG (1LHA)?
Deutsche Lufthansa AG reported trailing-twelve-month revenue of about €40.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1LHA?
The net profit margin of Deutsche Lufthansa AG is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Deutsche Lufthansa AG pay a dividend?
Deutsche Lufthansa AG currently shows a dividend yield of about 3.31% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.